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Zimbabwe inflation: 2,200,000%
 
Published by kidmercuryblog
07-17-2008

Zimbabwe inflation: 2,200,000%

Most likely US hyperinflation won't be as drastic -- though rest assured that only a tiny percentage of the American population is going to benefit from it (bankers who will capitalize on banking consolidation and military industrial complex that is the recipient of much of the excess money that has been injected into the money supply). -- KM

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Zimbabwe's annual rate of inflation has surged to 2,200,000%, official figures have shown. The figure is the first official assessment of prices in the troubled African nation since February, when the rate of inflation stood at 165,000%.

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